Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed artificial intelligence tools across its operations.Read More
Shares of CoreWeave slumped around 15% on Friday, after the company’s plans to double capital expenditure this year stoked investor concerns about margin pressure and effective returns from its artificial intelligence push.Read More
Barclays shares fell on Friday after media reports it and other banks face potential losses related to the collapse of UK mortgage provider Market Financial Solutions Ltd, amid wider concerns about lending standards and the fast-growing market for private finance.Read More
Credent Global Finance raised Rs 30 crore through a QIP to strengthen its growth capital following a sharp jump in quarterly earnings. The fundraise supports its expansion strategy as revenue and net profit surged sharply year-on-year. The company also expanded its leadership team to drive its next phase of growth.Read More
Indian government bond yields fell in February as surplus banking liquidity supported demand ahead of record government borrowing in the next fiscal year, while the yield curve steepened as rates across tenors were impacted by varied factors.Read More
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